Indermit Gill @IndermitGill
Chief Economist of the @WorldBank Group and Senior Vice President for Development Economics worldbank.org Washington, DC Joined September 2021-
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Our (World Bank) headline take on the M'sian economy 1. GROWTH: 4.3% for 2024; shade < regional avg of 4.5% 2. JOBS: Migrant workers crowd-in jobs for M'sians. Real problem for M'sians? ~4-in-10 M'sians work < skill levels 3. POVERTY: ~16k families still s.t. hardcore pov 🧵
Always a treat to see my old boss @NOIweala and her savvy team @wto—her Chief Economist @OssaRalph, her Deputy Director-General @johahill, and her chief of staff Bright Okogu. A strong WTO is indispensable if we're going to put the world back on the path to prosperity.
IDA countries have lost a decade of development. If they lose another, the damage to global peace and prosperity will be high.
IDA countries have lost a decade of development. If they lose another, the damage to global peace and prosperity will be high.
Despite high potential, the 75 vulnerable economies supported by @WBG_IDA face a widening income gap with wealthier nations, marking a historic reversal in progress. Policy reforms and global financial support can swing the momentum back ➡️ wrld.bg/bHBm50Rg8f9
What is #AI? And what can it mean for #development? @WorldBank Chief Economist & Senior Vice President for Development Economics @IndermitGill delivered the keynote speech at the #Data4AI conference:
On International Women’s Day—as on every other day—it’s worth reminding ourselves just how much is squandered when women are deprived of equal rights and opportunities. wbl.worldbank.org/en/reports #investinwomen #womenbizlaw #WomensDay
My colleague Tea Trumbic and I on a huge ongoing waste of human capital: legal disparities involving safety and access to childcare are keeping too many women out of the workforce, to the detriment of the global economy. project-syndicate.org/commentary/glo… #WomensDay
My colleague Tea Trumbic and I on a huge ongoing waste of human capital: legal disparities involving safety and access to childcare are keeping too many women out of the workforce, to the detriment of the global economy. project-syndicate.org/commentary/glo… #WomensDay
In the 2000s, developing economies' incomes grew 3.5% faster than developed ones. Trade boosted technology diffusion and productivity globally. Yet memories are short. Today, misguided populism in many countries is doing serious damage to global trade. barrons.com/articles/globa…
A thrill to be at the brilliantly organized @HarvardIndiaCon over the weekend, where I joined @aikhwaja for a discussion on India’s development prospects—and why Indians should care about the country’s per-capita income and not its GDP.
For the 28 economies with the weakest credit ratings, there is no hope of escaping a #debt trap anytime soon. My colleagues M. Ayhan Kose, Philip Kenworthy, and Nikita Perevalov highlight the dangers. blogs.worldbank.org/voices/silent-…
The deadline for submitting papers for the #Infra4Dev Conference 2024 has been extended to February 6th. The @WorldBank and @kocuniversity invite you to submit papers exploring funding and financing aspects of infrastructure. More information below. wrld.bg/bYOZ50QfrcQ
The business case for gender equality in the workplace has never been stronger. Closing the gender gap in employment could raise long-term GDP per capita by nearly 20% on average across countries. You’ll want to read this op-ed by @bjerde_anna and me: blogs.worldbank.org/voices/its-tim…
It's way past time to reform laws that hold women and economies back. Governments can combat gender discrimination by reforming and enforcing laws. Let's mobilize the economic power of half of humanity – my op-ed with @IndermitGill: wrld.bg/Atft50QvqBV
Just one reason why the poorest countries—those eligible to borrow from @WBG_IDA—will need a lot more financial support in the coming years. #IDA21 thelancet.com/journals/lance…
In 2024, the global economy will face at least five major risks—the biggest of which is geopolitical tensions. My colleague Ayhan Kose and I outline the dangers. brookings.edu/articles/5-ris…
In 2024, the global economy will face at least five major risks—the biggest of which is geopolitical tensions. My colleague Ayhan Kose and I outline the dangers. brookings.edu/articles/5-ris…
Tune in on January 22 for our upcoming virtual Business Dynamism in Europe and Central Asia Conference, with a keynote by @WorldBank's @IndermitGill discussing the challenges and opportunities facing the region's private sector. Register here ➡️ worldbank.org/en/events/2024…
My colleague Ayhan Kose outlines what countries can do to speed up economic growth and progress in the 2020s. youtu.be/0hrgWSjTD8E?si…
Our biggest concern is poorer economies—especially the 75 countries eligible for the most concessional assistance from @WBG_IDA. They have a growing debt overhang and shrinking fiscal space. They need more help.
Our biggest concern is poorer economies—especially the 75 countries eligible for the most concessional assistance from @WBG_IDA. They have a growing debt overhang and shrinking fiscal space. They need more help.
With Bob Solow’s passing last week and Bob Lucas’s earlier this year, the Economics profession limps into 2024 a lot poorer. brookings.edu/articles/thank…
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It's way past time to reform laws that hold women and economies back. Governments can combat gender discrimination by reforming and enforcing laws. Let's mobilize the economic power of half of humanity – my op-ed with @IndermitGill: wrld.bg/Atft50QvqBV
Tune in on January 22 for our upcoming virtual Business Dynamism in Europe and Central Asia Conference, with a keynote by @WorldBank's @IndermitGill discussing the challenges and opportunities facing the region's private sector. Register here ➡️ worldbank.org/en/events/2024…
Exciting discussion in Rome on launching DEC Global Institute by @IndermitGill and @bancaditalia working with think tanks and research & policy networks to expand knowledge and research skills
An economy is stronger when all citizens - #women and #men alike - can contribute equally. Empowering women is thus not only a matter of #socialjustice, but a prerequisite for economic #development ! The @WorldBank’s Women-Business-Law Report is out: worldbankgroup.sharepoint.com/sites/wbl/Docu…
Looking forward to hosting you on campus @IndermitGill 🇮🇳
Last week I had the opportunity to facilitate a conversation between the ever-so-humble, candid, & jovial @IndermitGill & fellows from @HarvardCPL as a part of the DC Institute 2023. The DEI team @WorldBank shared their invaluable insights on global economic indicators!
Delighted by the quality of the interventions on our first day of #DevImpactWeek Thank you E. Duflo, @IndermitGill, and all those who joined the conversation! Tomorrow we'll take a deep dive into climate change infrastructure. Let's make an impact 🚀 ➡️bit.ly/3NosLpC
@IndermitGill Thank you @IndermitGill and @WorldBank for hosting this fruitful discussion.
At the @WorldBank w/ Chief Economist @IndermitGill & team discussing the report on Falling Long Term Growth Prospects. Cutting trade costs & enhancing support to digital services trade will contribute to lifting long run global growth potential. Look forward to more collaboration
"What is it that led to rapid poverty reduction? One was broadly based growth and the second was investments in human capital like education and health" — @IndermitGill @wb_research Listen on Spotify, Apple, Google, or wherever you get your podcast open.spotify.com/episode/76Dv4e…
Privileged to join an exchange with 🇯🇴’s Economic Team & @WorldBank Chief Economist @IndermitGill & MENA Chief Economist @RobertaGattiECO on global trends & prospects, how #Jordan can create more economic opps for women, & balance imperatives of stability & growth. @visionjo
الفريق الاقتصادي الحكومي يلتقي وفداً من البنك الدولي bit.ly/3wVx2av #رؤية_التحديث_الاقتصادي #إطلاق_الإمكانات_لبناء_المستقبل @visionjo
Stimulating discussions today with HE @falibrahim, #Saudi Minister of Economy and Planning, @FeridBelhaj & @IndermitGill on various global and regional development issues. @WorldBankMENA
The World Bank Group in collaboration with the Jordan Strategy Forum & the University of Jordan are hosting an event entitled:A Conversation on Global Economic Prospects & Trends @WorldBankMENA @uj_news @DrNathirObeidat @IndermitGill @RobertaGattiECO @karimkawar @NourGhaziJarrar
Thanks to @uj_news for partnering with @WorldBankMENA & @JSFJordan to host our Chief Economist @IndermitGill for a rich discussion with academia, students, private sector and policymakers on global economic prospects & trends and implications for #Jordan
Martin Wolf: The threat of a lost decade in development on.ft.com/3QvLX4a
The @WorldBank's #WBGEP2023 report warns that developing countries face a multi-year period of slow growth driven by heavy debt burdens & weak investment. In my foreword I set out critical steps that are needed to boost median incomes & shared prosperity: wrld.bg/Arwi50MmSOz
In a time of overlapping crises, rapid #data collection and monitoring is more important than ever for poverty reduction. SWIFT leverages machine learning and statistical techniques to produce #poverty & welfare estimates. Learn more in our webinar: wrld.bg/OhZ050LyLQ5
Climate finance needs major new mechanisms that pool global funding to accomplish actual emissions reductions in the developing world. The @WorldBank’s SCALE partnership is a key non-fragmented avenue for climate action. [1/2] Watch the #COP27 replay: wrld.bg/JmBg50Lxeuz
Climate change poses a major threat to development. 📅 Join @DavidMalpassWBG live on Nov 7 to learn more about the @WorldBank Group’s key priorities for #COP27 wrld.bg/CJXM50Lsa8A #ClimateActionWBG
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